Word: bond
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Dates: during 1980-1989
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...percolate. Felix Rohatyn, a partner in the New York City investment-banking firm of Lazard Freres and a longtime critic of the stock market's speculative excesses, has proposed a sharp limit on the right of Government-insured pension funds, thrift institutions and trusts to invest in junk bonds. He suggests that takeover bids that are conditional on anticipated junk-bond financing be forbidden as an unfair manipulation of public markets. Rohatyn also thinks that offers to acquire a large number of shares in a firm should be voted on by all stockholders on both sides of the transaction. That...
...Michael Milken, 40, senior executive vice president of New York City's Drexel Burnham Lambert investment firm. Milken, who works out of branch offices at the tony corner of Beverly Hills' Wilshire Boulevard and Rodeo Drive, is the guru of the so-called junk bond, the high-interest but risky investment vehicle that has provided much of the financing for the stock market's takeover frenzy (see box). At least five other Drexel Burnham employees, including Milken's younger brother Lowell, have also been subpoenaed...
...expertise with the latest high-tech artillery was unsurpassed as the original James Bond, but Sean Connery had his hands full playing Malone, the broguish cop in The Untouchables, which finished shooting last week in Chicago. "It's pretty cumbersome," says Connery of the tommy gun, one of the weapons he carries when he teams up with Crime Buster Eliot Ness, played by Kevin Costner (Silverado). But the tommy gun is one of the few things the Brian De Palma movie has in common with the vintage TV series, which ran from 1959 to 1963 and featured a jailed...
Giella captained a Bulldog team which limped home to a 1-9 mark. Now working as a corporate bond trader in a New York brokerage house, Giella saw his team's chances to salvage the 1983 season ruined when the Crimson downed the Elis, 16-7, in The 100th Game...
...brattiness; Hallie shows off his cleverness to Sam, but he also looks for Sam's approval. It's clear that though Hallie instructs Sam, somewhat condescendingly, on bits of history and geography, the man has become somewhat of a father-figure for the boy. Keene and Sullivan convey this bond with great charm and naturalness...